360 Underwriting Solutions has continued to deliver on its promise to be more relevant for Brokers in the Australian market by launching its Farm and Regional capability.
They have partnered with Matt Devine (formerly Agri Risk), Anthony Murphy (Red Star Insurance Brokers) and Julie Bird (Almond Board of Australia) to create an alternative solution for Brokers with Farm and Regional client needs.
Chris Lynch, Director and Co-Founder of 360 added, “Matt, Anthony and Julie have an extensive background in Farm Broking, Underwriting and Senior Corporate and Directorship roles in the Farming sector that provides us with a depth of experience and capability to drive our ambition in the Farm and Regional market. We are delighted that they have chosen 360 as a partner to build an Underwriting Agency solution for Brokers.”
The business will trade as “360 Farm and Regional.”
Immediately following the announcement of this partnership, the 360 Farm and Regional team has also announced that it has acquired a majority stake in the Farm and Regional Underwriting Agency, Insure That.
“The Insure That acquisition provides us with an entry into the Farm Insurance Market and a wonderful foundation to focus our efforts to deliver our Broker partners with a range of solutions for their farming clients. We now have a suite of Farm products, the Insure That team, which operates in all states, and a technology platform that will allow us to establish a significant presence in the market,” added fellow director and co-founder Denis Morrissey.
The current Managing Director of Insure That Peter Hayward will stay on in the business in an advisory capacity